BANKERS SEC. LIFE INS. SOC'Y v. SHAKERDGE


49 N.Y.2d 939 (1980)

Bankers Security Life Insurance Society, Plaintiff, v. Margareta Shakerdge, Appellant, and Abraham Shakerdge, Respondent.

Court of Appeals of the State of New York.

Decided April 22, 1980.


Attorney(s) appearing for the Case

Lester Lichter for appellant.

Jay F. Gordon, Perry S. Galler and Ray Beckerman for respondent.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur.


MEMORANDUM.

The order of the Appellate Division should be affirmed.

In general, though as an equitable doctrine its application to particular circumstances is susceptible of some flexibility, to establish a constructive trust there must be provided: (1) a confidential or fiduciary relation, (2) a promise, express or implied, (3) a transfer made in reliance on that promise, and (4) unjust enrichment (Simonds v Simonds...

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